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SIRI - Sirius XM Radio Inc. - Page 232

post #4621 of 5056
Quote:
Originally Posted by Curt D View Post
I thought you were one of the longs here.

I've kept SIRI on one of my watch lists for a long long time now. I know I should have a long position in it, but still haven't done it yet. I just know one of these days it's going to take off and never return to these levels again.
I took profits once the market hit the crapper. I always planned on getting back in when the water was good. Ive been close past few days and missed the boat
post #4622 of 5056
Quote:
Originally Posted by BranRx View Post
I took profits once the market hit the crapper. I always planned on getting back in when the water was good. Ive been close past few days and missed the boat
I was actually going to buy during the morning today, but I missed it as well(short term).

I haven't seen SIRI on Googles finance popular section in a long while so we might have a lot people looking for a quick flip so I'll wait and see what happens.
post #4623 of 5056
Quote:
Originally Posted by BranRx View Post
I took profits once the market hit the crapper. I always planned on getting back in when the water was good. Ive been close past few days and missed the boat
I see. You're smarter than I am. I let my account go into the crapper with the market trying to keep trading.
post #4624 of 5056
Quote:
Originally Posted by Curt D View Post
I see. You're smarter than I am. I let my account go into the crapper with the market trying to keep trading.
I kept making money on the way down luckily. I still believe in this stock but ya gotta go with the flow.
post #4625 of 5056
Quote:
Originally Posted by BranRx View Post
I kept making money on the way down luckily. I still believe in this stock but ya gotta go with the flow.
post #4626 of 5056
http://seekingalpha.com/article/2134...s-expectations
Sirius XM Annihilates Expectations
The charts don’t lie, and Sirius XM Radio (SIRI) just served a huge slice of humble pie to the short sellers that have attacked the stock lately. Sirius XM is reporting today that it has added over 583,000 net subscribers in th the second quarter, blowing away analyst forecasts once again. Total net subscriber additions for the first half of the year now stand at over 754,000. Total subscribers now stand at a new record of 19,524,448.

Sirius XM also announced that gross adds increased by 46% while deactivations dropped an astounding 8%. Self pay churn dropped from 2.0% to just 1.8% year over year as the conversion rate ticked up nearly 2 1/2 points from 44.3% to 46.7%.

For the third time this year, Sirius XM has increased subscriber guidance and is now projecting 1,100,000 net additions for the current year. This news should translate into major analyst upgrades today as a record profit is likely to follow when the company reports its second quarter results.

I recently suggested some very high price targets of my own on the equity, based on strength within the charts. The large short positions in Sirius XM radio could catapult SIRI shares today well above even my own expectations. With the news released today, most analysts year end forecasts have already been beaten, which should translate into a slew of upgrades in the coming days and weeks.

Congratulations to Sirius XM and to the investors who have weathered the recent storm. Your patience and faith has just been rewarded
post #4627 of 5056
time for some upgrades
post #4628 of 5056
post #4629 of 5056
In heavy at .97

Goal 1.10
post #4630 of 5056
I managed to get some in at 0.955. I think you are right 1.10 sounds good. Im not sure why its not running yet save rumors about Liberty uping its stake
post #4631 of 5056
I think I liked this stock better when Motely Fools and The Street hated it, lol
post #4632 of 5056
Yeah, I can't even peg an entry point for it anymore. It's lost its luster as a trading stock.
post #4633 of 5056
Quote:
Originally Posted by Quintious View Post
It's lost its luster as a trading stock.
This.

Thing is, if you just keep it on watch and wait for the share price to start oscillating wildly in the .90s, it isn't terribly hard to grab some and make a 5% profit on a timeline of 4 hours to 1-2 days, it just depends on whether that amount of effort is worth it for each individual trader. For you, I'm guessing it clearly isn't. I miss the days of being able to flip tens upon tens of thousands of shares every 15-30 minutes for a few juicy pennies.
post #4634 of 5056
Quote:
Originally Posted by rando View Post
This.

Thing is, if you just keep it on watch and wait for the share price to start oscillating wildly in the .90s, it isn't terribly hard to grab some and make a 5% profit on a timeline of 4 hours to 1-2 days, it just depends on whether that amount of effort is worth it for each individual trader. For you, I'm guessing it clearly isn't. I miss the days of being able to flip tens upon tens of thousands of shares every 15-30 minutes for a few juicy pennies.
I would have to buy in batches of 150,000-250,000 to make it worthwhile. It takes way too long to unload that many shares and still be considered "agile"
post #4635 of 5056
Price action getting bunched up between .95 and 1.00. Market is on fire, SIRI has earnings comming soon, this will sling shot up
post #4636 of 5056
in at .97
post #4637 of 5056
How do you know their earnings are about to be shown? Also, where can you find this information? Sorry, I'm just learning..
post #4638 of 5056
lovin this little triangle
post #4639 of 5056
This is the one I'm looking at, same? We really need some good 100MM plus volume days to blast off IMO, each time we trend back down below .96 or so I get a bit worried, but load up anyway because the stops are safe and affordable. If we can ever clear around 1.07, strap on your helmets.

post #4640 of 5056
Quote:
Originally Posted by Mr. Siri View Post
How do you know their earnings are about to be shown? Also, where can you find this information? Sorry, I'm just learning..
Go to the Yahoo Finance page, then get a quote for SIRI then on the left click on the tab that says:"Company Events"
In the top section you'll see the upcoming events.
As far as getting information try yahoo, google finance, cnbc, bloomberg, etc...
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